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Property Details
Basic Information
MLS® ID:
27412970
Listing ID:
X9348765
Status:
Active
Living Area:
50,001 Sq. Ft.
Location
Full Address:
140 ELIZABETH Lambton Shores (Thedford), Ontario N0M2N0
City:
Lambton Shores (Thedford)
Province/State:
Ontario
Postal Code:
N0M2N0
Country:
Canada
Coordinates:
43.1665382, -81.8521729
Property Details
Property Type:
Industrial
Heating:
Natural gas, Other
Utility Information
Water Source:
Municipal water
Sewer:
Sanitary sewer
Financial Details
| Detail | Amount |
|---|---|
| List Price | $2,579,000 |
| Price Per Sq Ft | $51.58 |
| Annual Tax Amount (2023) | $6,603 |
Property Features & Amenities
Property Location
Lambton Shores (Thedford) Property Description
100% fully leased 50,000 sq warehouse/industrial property, with great triple net income! New 5-year NNN lease with international company. 9.5% cap rate on 5-year average net income! Carefree, hands off investment income. Property has been fully renovated with 3 warehouse buildings plus a new separate home office, all totaling 50,000 sq of leased space. Property sits on 5 acre lot with approx 4 acres of gravel storage yard. Ceiling heights from 17 feet 20 feet high. 12 new large overhead doors with auto openers. Drive-in and truck loading doors. New bright, high-bay LED lights throughout warehouse areas. 5 new gas furnaces. New 3 phase, 600-volt, 200 amp electrical. Excellent central location in heart of Southwestern Ontario, only 40 min to U.S. boarder at Sarnia. Halfway between London + Sarnia, 15 mins to hwy 402. (id:58062)
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